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- Rippers Weekly Recap 06/29
Rippers Weekly Recap 06/29
Hey everyone, it’s @StockMKTNewz Evan!
I spend 70 hours every week looking for news so you don't have to. That causes me to tweet a lot which can be hard to keep up with. Having somewhere to put all the major stories in 1 easy to view place is really valuable, and that's why I make this newsletter!
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This Week's Major Headlines
Amazon $AMZN just hit the $2 Trillion market cap milestone for the FIRST TIME EVER x.com/i/web/status/1…
— Evan (@StockMKTNewz)
4:30 PM • Jun 26, 2024
Interactive Brokers $IBKR is launching contracts that allow customers to wager on future events related to the economy and climate
The contracts let users take yes-or-no positions on questions such as whether the CPI will rise above a certain number or if the global temperature… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
1:15 PM • Jun 26, 2024
Eli Lilly $LLY just announced a partnership with OpenAI that will allow
"Lilly to leverage OpenAI's generative AI to invent novel antimicrobials to treat drug-resistant pathogens"
— Evan (@StockMKTNewz)
2:03 PM • Jun 25, 2024
Amazon $AMZN plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China 🇨🇳 - The Information
— Evan (@StockMKTNewz)
5:25 PM • Jun 26, 2024
Apple’s $AAPL started selling the Vision Pro in China 🇨🇳 with the device starting at 29,999 yuan ($4,128) 18% higher than the price in the 🇺🇸 - CNBC
— Evan (@StockMKTNewz)
12:11 PM • Jun 28, 2024
🇺🇸 Congresswoman Marjorie Taylor Greene recently disclosed her purchase of names such as CrowdStrike $CRWD, Costco $COST, and Lululemon $LULU
Marjorie Taylor Greene sits on the House Cybersecurity, IT, and Government Innovation Subcommittee
— Evan (@StockMKTNewz)
5:30 PM • Jun 28, 2024
SPACEX IS NOW WORTH $210 BILLION
Elon Musk owned SpaceX will sell insider shares at $112 apiece in a tender offer, valuing the company at $210 Billion up from $180B in a transaction in December - Bloomberg
SpaceX is now worth more than names like Disney and McDonalds x.com/i/web/status/1…
— Evan (@StockMKTNewz)
3:46 AM • Jun 27, 2024
Walgreens $WBA just announced it plans to close a significant share of its ~8,600 stores in the 🇺🇸
Walgreens is reviewing ~25% of its unprofitable locations and could close a “meaningful percent” of those over the next few years - WSJ
— Evan (@StockMKTNewz)
12:09 PM • Jun 27, 2024
Rivian $RIVN just pre announced some of its Q2 data
Deliveries:
13K-13.3K above expectations of 10.2KProduction:
9.1K-9.3K below expectations of 10.3K— Evan (@StockMKTNewz)
1:20 PM • Jun 27, 2024
Google $GOOGL owned Waymo today opened its robotaxis to all San Francisco users - CNBC
— Evan (@StockMKTNewz)
6:52 PM • Jun 25, 2024
NIKE $NKE JUST REPORTED EARNINGS
EPS of $0.99 beating expectations of $0.84
Revenue of $12.6B missing expectations of $12.86B— Evan (@StockMKTNewz)
8:15 PM • Jun 27, 2024
MICRON $MU JUST REPORTED EARNINGS
EPS of $0.62 beating expectations of $0.53
Revenue of $6.81B beating expectations of $6.67B— Evan (@StockMKTNewz)
8:02 PM • Jun 26, 2024
NFL LOSES SUNDAY TICKET ANTITRUST TRIAL
NFL MUST PAY ABOUT $4.7 BILLION DAMAGES FOR TV BROADCAST MONOPOLY - Bloomberg
— Evan (@StockMKTNewz)
8:26 PM • Jun 27, 2024
Innovation ...
Heinz $KHC recently unveiled "Every Sauce" a bottled mixture of 14 of Heinz's most popular sauces
— Evan (@StockMKTNewz)
4:27 PM • Jun 27, 2024
MORGAN STANLEY WEALTH ADVISORS ARE ABOUT TO GET AN OPENAI-POWERED ASSISTANT TO DO THEIR GRUNT WORK
The assistant called Debrief keeps logs of meetings, creates draft emails, & discussion summaries. MS plans to release the tool to its ~15,000 advisors by early July - CNBC x.com/i/web/status/1…
— Evan (@StockMKTNewz)
2:28 PM • Jun 26, 2024
Disney's $DIS Florida theme parks will now let visitors reserve a space for shorter lines on rides as much as one week in advance - Bloomberg
— Evan (@StockMKTNewz)
6:09 PM • Jun 25, 2024
VOLKSWAGEN TO INVEST UP TO $5 BILLION IN RIVIAN AS PART OF TECH JOINT VENTURE
Volkswagen 🇩🇪 will invest up to $5 billion in 🇺🇸 EV maker Rivian $RIVN as part of a new, equally controlled joint venture to share EV architecture and software - Reuters
— Evan (@StockMKTNewz)
8:09 PM • Jun 25, 2024
Apple $AAPL reportedly rejected overtures by Facebook $META to integrate the social networking company’s AI chatbot into the iPhone
The two companies aren’t in discussions about using Meta’s Llama chatbot in an AI partnership and only held brief talks in March - Bloomberg
— Evan (@StockMKTNewz)
9:54 PM • Jun 24, 2024
Novo Nordisk $NVO said today its weight loss drug Wegovy has been approved in China 🇨🇳 for long-term weight management - CNBC
— Evan (@StockMKTNewz)
12:04 PM • Jun 25, 2024
Amazon $AMZN just announced its Prime Day event will start on July 16th and go through July 17th
— Evan (@StockMKTNewz)
12:48 PM • Jun 25, 2024
Get Prepared For The Week Ahead!
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